Surprisingly, this exchange is doing well. Even their NMX token is doing good despite of the market crash.
Honestly, i am utterly dumbfounded about this. It's like NMX would have been decoupled from rest of the markets and doing their own thing. Maybe they have something more planned behind the scene, because right now only use case for this (beside farming) is lower trading fees and i don't think that explains the price action.
Then again price action doesn't need to make sense and this might just be one of those cases.
I'm surprised that out of all the Defi platforms I'm following only NMX has a very stable price...
I also believe that the nominex team has big plans for the sustainability of nominex and I am very proud of the team who worked very hard to maintain the price of NMX.